Investor Presentaiton
2
GRID PARITY: SOLAR ENERGY BECOMES PROFITABLE
COMAL HAS BEEN THE ITALIAN PIONEER IN GRID PARITY SETTLEMENT
GRID PARITY
FINDING NEW FINANCIAL BALANCE
NEW TRENDS
Required surface
(per MW): ha 3
1 NO MORE RELYING ON INCENTIVES
Cost of plants
(per MW): €0.7 m
Required surface
(per MW): ha 2
2 COMPONENTS PRICE DECREASE
<0%
Solar energy sale price
(per MW): € 80
Average return with no
Solar panel price
(per W): € 0.18
Solar energy sale price
(per MW): € 42/48
3 TECHNOLOGICAL UPGRADE
4 LOWER USE OF SURFACES
incentives:
End.
of f
feed-in
2013
in tariff
Start of
Grid
parity
10%
Average return with no
incentives:
Further
price
2020
2016
FEED-IN TARIFF
Cost of plants
(per MW): € 1.5 m
Solar panel price
(per W): € 0.63
«Conto
Energia
1st
2006
6
Financial sustainability only
with government incentives
Investments blockage in Italy,
while abroad investments still
taking place
Selling renewable energy
becomes profitable
COMAL AS A 1ST MOVER
Realization of plants in
grid parity for 63 MW
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